Core Viewpoint - Analysts at Goldman Sachs have expressed renewed confidence in Coinbase, suggesting that the stock's past underperformance has created an attractive entry point for investors [1][4] Company Performance - Coinbase's stock dropped by 8.04% over the past year, but year-to-date figures indicate a gain of 4.59% [2] - Veteran investor Cathie Wood continues to acquire Coinbase shares through ARK Invest, with the stock holding the seventh-largest position in ARKW at 4.7% ($99 million) [3] Analyst Insights - Goldman Sachs analyst James Yaro expects Coinbase's valuation to strengthen as the company transitions from cyclical to structural growth, highlighting its strong business fundamentals [4] - Yaro noted that Coinbase's scale and brand recognition drive above-average revenue growth and market share gains, supported by recent product rollouts [5] - Analysts have shown greater enthusiasm for Coinbase, with Clear Street analyst Owen Lau naming it a top fintech idea for 2026, emphasizing its role in blockchain-based financial infrastructure [2] Growth Projections - Coinbase's subscription and services segment has expanded from under 5% of revenue in 2020 to nearly 40% by 2025 estimates, with expected robust growth of around 13% annually from 2025 to 2027 [7][6]

Core Viewpoint - Coinbase has submitted a letter to U.S. regulators advocating for the removal of the "reputational risk" standard in bank regulation, arguing that it is vague, subjective, and difficult to quantify, making it unsuitable as a regulatory basis [1] Group 1 - Coinbase claims that during the Biden administration, the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) pressured legitimate businesses using the "reputational risk" argument [1] - The company emphasizes that the concept of "reputational risk" does not directly correlate with financial risk or illegal activities, and it can easily become a tool for political bias [1]

Core Viewpoint - Coinbase is a leading cryptocurrency exchange platform focused on increasing economic freedom and enhancing customer experience, despite facing challenges in certain markets [1]. Group 1: Company Overview - Coinbase was founded in 2012 and has become a significant player in the cryptocurrency industry, competing with exchanges like Binance and Kraken [1]. - The company's market capitalization is approximately $60.52 billion, with a trading volume of 6,609,237 shares [3]. Group 2: Stock Performance - Goldman Sachs set a price target of $303 for COIN, indicating a potential price increase of about 28.1% from its current price of $236.53 [2]. - The current stock price of COIN is $236.53, reflecting a 4.59% increase or $10.39 [2]. - Over the past year, COIN has experienced significant volatility, with a high of $444.65 and a low of $142.58 [3]. Group 3: Strategic Focus - Coinbase plans to temporarily halt operations in Argentina to reassess and strengthen its approach in the region, aiming to return with a more robust product offering [2]. - The company views Latin America as a key region for crypto innovation and remains committed to its mission despite the operational pause [3]. - Coinbase's strategic focus includes enhancing customer experience and expanding its global presence, aligning with its long-term growth objectives [3].

钛媒体App 1月5日消息，加密货币概念股普涨，Coinbase Global, Inc.涨4.79%，IREN Ltd涨4.45%， Strategy涨4.38%，Hut 8 Mining Corp涨4.25%，Figure Technology Solutions涨2.66%，Circle Internet Corp. 涨1.52%。（科股宝播报） ...

Market Performance - The Dow Jones Industrial Average rose 0.7% in December, marking its eighth consecutive winning month, the longest streak since 2018 [1] - The S&P 500 slipped about 0.06% for the month, while the Nasdaq Composite finished down about 1% [1] - The final five trading sessions of December were downbeat, with the Nasdaq losing 1.6%, the S&P 500 retreating 1.3%, and the Dow Jones falling 1.4% [2] Seasonal Trends - Historically, stocks tend to rise during the final five trading days of the year and the first two sessions of the new year, a pattern now under threat [3] S&P 500 Performance - The S&P 500 rallied 24% in 2023, 23% in 2024, and 16% in 2025, resulting in an almost 80% gain over three years, marking the strongest return over a three-year win streak since 2019-2021 [4] - The S&P 500 has not posted four consecutive annual gains since the five-year run from 2003 to 2007 [5] Economic Indicators - The Federal Reserve has issued hawkish guidance for 2026, with a cooling U.S. labor market and persistent inflation [5] - Developed-market central banks are unlikely to cut rates at the beginning of 2026 [5] Sector Highlights - Overvaluation and payoff concerns are prevalent in the artificial intelligence sector, which has driven the market over the past three years [6] Notable ETFs and Stocks - Defiance Daily Target 2X Long RKLB ETF (RKLX) rose 115.4%, with Rocket Lab Corp (RKLB) gaining about 73% in December due to increased investor interest in the space economy [7] - ProShares Ultra Silver (AGQ) increased by 44.5%, driven by strong industrial demand and tight supply dynamics [8] - AST SpaceMobile Inc (ASTS) stock gained 27.7% in December, benefiting from the space investing boom [11] - Micron Technology Inc (MU) stock rose 19.2% after reporting better-than-expected fiscal results [12] - Coinbase Global Inc (COIN) shares fell 14.1% due to increased regulatory scrutiny and skepticism towards stablecoin revenue [13] Currency Impact - The U.S. dollar slumped about 4.2% in December, which is favorable for commodity prices as they are priced in U.S. dollars [10]

Core Viewpoint - Bitcoin reached a peak of $93,000 on Monday, leading to a surge in Bitcoin-related stocks [1] Group 1: Bitcoin Price Movement - Bitcoin's price hit $93,000, indicating strong market interest and potential bullish sentiment [1] Group 2: Stock Performance - Bitcoin-related stocks saw significant pre-market gains, with Strategy (MSTR.US) and Coinbase (COIN.US) rising nearly 4% [1] - Robinhood (HOOD.US) and Circle (CRCL.US) increased by over 1.8% [1] - Iren Ltd (IREN.US) experienced a rise of over 5.6% [1] - Mara Holdings (MARA.US) saw an increase of over 4.5% [1]

Core Viewpoint - Bitcoin briefly surpassed the $93,000 mark, leading to a pre-market surge in Bitcoin-related stocks [1] Group 1: Bitcoin Price Movement - Bitcoin reached a peak of $93,000 [1] Group 2: Stock Performance - Strategy (MSTR.US) and Coinbase (COIN.US) both increased by nearly 4% [1] - Robinhood (HOOD.US) and Circle (CRCL.US) saw gains of over 1.8% [1] - Iren Ltd (IREN.US) rose by more than 5.6% [1] - Mara Holdings (MARA.US) experienced an increase of over 4.5% [1]

Core Viewpoint - The U.S. risks losing its competitive advantage in the stablecoin market if it mishandles the debate over allowing rewards on dollar-pegged stablecoins, as highlighted by Coinbase's policy chief Faryar Shirzad [1][2]. Group 1: Legislative Context - The U.S. enacted the GENIUS ACT in July, which provides guidelines for stablecoin issuance and prohibits issuers from sharing profits with holders through interest payments [4]. - Banking groups are urging lawmakers to close loopholes in the GENIUS Act, citing concerns over deposit flight risks to community banks that could impact their lending capabilities [5]. Group 2: Competitive Landscape - The People's Bank of China announced it would start paying interest on digital yuan holdings, effective January 1, as part of its strategy to promote the adoption of its Central Bank Digital Currency (CBDC) [3]. - There are concerns that if the U.S. does not adapt its regulations, non-U.S. stablecoins and CBDCs could gain a significant competitive edge, particularly in light of China's interest rate on demand deposits being at 0.05% [2][3]. Group 3: Industry Reactions - The Blockchain Association argues that claims regarding stablecoin rewards harming community banks lack evidence and warns that changes to the GENIUS Act could undermine the regulatory certainty typically associated with Congressional actions [6]. - As negotiations for the Senate's market structure legislation progress, there is optimism from White House officials that the legislation will advance, despite previous delays [7].

Wall Street bank Goldman Sachs said it is “selectively constructive” on brokers and crypto companies heading into 2026, arguing that a resilient retail trading environment and continued regulatory progress should underpin growth. "We expect the meeting of traditional retail brokerage and crypto trading to continue in 2026, driving increasing competition, potentially impacting market share and product pricing," analysts led by James Yaro wrote in the Monday report. The bank upgraded crypto exchange Coinb ...

Coinbase (COIN) is pulling back some of its operations in Argentina, less than a year after formally entering the country’s crypto market. The U.S.-based exchange informed users via an email shared widely on social media that it will suspend the ability to buy or sell the USDC stablecoin using Argentine pesos, effective Jan. 31, 2026. After that deadline, traders will no longer be able to withdraw pesos to local banks or on-ramp with fiat. The company described the move as a “deliberate pause,” saying i ...